Christchurch's historic Odeon Theatre is destined for the wrecker’s ball – at the behest of the Canterbury Earthquake Recovery Authority.
The site is destined for new offices for Environment Canterbury.
The property is owned by a company associated with bankrupt Dave Henderson, who wants to return it to its former glory.
“I’m astounded at this extraordinary destruction of private property rights that’s going on without any debate,” he told NBR ONLINE.
He vowed to fight the move.
The property is one of the latest tranche of central city privately owned properties to be seized by CERA.
The government-appointed ministry today issued notices of intent for dozens of inner city properties.
Some of the properties are vacant. Others have functioning businesses on them, including car sales yards. Some are reserves.
The compulsorily-acquired land will be used for a Metro Sports centre along Antigua St fronting on Moorhouse Ave to the south of the city centre; the “southern frame” for various projects; and a block in Madras/Gloucester Sts that will be a residential precinct.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- World's best airlines, airports; Cathay's upgrade bidding and more
- NZ Rugby flexes its muscles with AllBlacksTV.com
- Bad buzz plagues Ngāi Tahu honey venture as private equity circles
- The Puritan origins of Trump hatred
- 'Geostorm' movie shows dangers of hacking the climate – we need to talk about real-world geoengineering now
Most listened to
- Scales Corp CEO Andy Borland assesses likely immigration cuts
- Forsyth Barr’s Kevin Stirrat talks through the market reaction to the new government
- Iron Duke director Phil O'Reilly on how concerned businesses should be about the new Labour-led government
- New Sky TV NZ director Mike Darcey on the skills he brings from Sky UK, and what it's like working for Rupert Murdoch
- Nevil Gibson's back on Wall Street's darkest day and what has happened since
- NBR Radio: The best interviews, with Grant Walker — updated daily